Your auto insurance is a worthwhile investment covering numerous risks you encounter on and off the road. Unfortunately, auto insurance doesn’t cover all the risks you face. The Owens Agency LLC in Waldron, AR sheds light on typical auto insurance exclusions.

Theft of personal belongings

Have you left a laptop in your car? You better have home or renters insurance to cover the loss should someone break your car and steal your electronics. Typical car insurance excludes losses and damage to personal assets unless you purchase a "rider" to cover personal belongings.

Customs parts and equipment

Like most car owners, you have modified your car to ensure it lives up to what you have always dreamt of. While nothing is wrong with "modding" your vehicle, it’s good to know that car insurance may not cover these custom parts. So, your customized sound system, chrome exhausts, forged internals, and custom-made leather seats may not be covered by your standard car insurance.

Accidents during commercial use

Are you using your car to run errands like pizza delivery? Beware! Unless you upgrade your personal auto insurance to commercial, your insurer won’t honor any damage or injuries resulting when carrying out business operations.

Racing events

If you use your car to race others, perform stunts, or do other "out of the ordinary" activities, your insurer won’t cover damage and injuries occurring in such events. However, you can purchase an "add-on" to participate in such activities.

Intentional damage

Any intentional damage to your car, including using your car as a weapon, won’t be covered by your insurer. So, think twice before getting involved in that road rage!

Learn more about car insurance in Waldron, AR

If you need an insurance partner to walk with you for all your car insurance needs, you can’t go wrong with The Owens Agency LLC.

How much do you know about Arizona auto insurance on a scale of 0 to 10? Whether it’s as low as 2 or 3, at The Owens Agency LLC in Waldron, AR, we don’t judge. We understand that everyone starts somewhere. And when it comes to matters of auto insurance, we are happy to be the place you begin learning the ins and outs of insurance.

Here are the top four things you need to learn about Arizona auto insurance.

Arizona is a “fault” state

What does this even mean? We will explain. If you are involved in an accident, whose fault is another person, you can claim damages from your company (especially if the at-fault driver isn’t insured), claim from the other driver’s insurance, or sue to get compensation for damages and injuries suffered. 

You are required to maintain minimum liability coverage

You probably know that auto insurance is mandatory in Arizona, but do you understand the minimum requirements? You must include a bodily injury liability of $15,000 per person and $30,000 for collisions involving multiple persons. Besides, you need to purchase property damage liability of at least $10,000 to cover damage you cause to other people’s property. 

If you don’t meet these requirements, you could face numerous non-compliance fines and penalties. 

Personal Injury Protection (PIP) isn’t a requirement

Unlike some states, PIP coverage isn’t mandatory in Arizona. But do you know what this means? If you are involved in a hit-and-run incident or collide with a driver without insurance, you will have to pay out-of-pocket medical bills for injuries sustained in the accident.

It doesn’t cover the belongings in your car

Depending on your policy, your auto insurance covers you and your car, but not personal belongings lost or damaged while inside your vehicle. For that, you may need separate coverage like renter’s insurance.

Are you ready to get started with auto insurance in Waldron, AR, and its environs? Please get in touch with The Owens Agency LLC for an affordable quote. 

Those who do not drive may not need auto insurance if they do not own a vehicle. However, if you own a car, even if you do not drive it in Waldron, AR, you may still need to have some insurance coverage. Below are some reasons why you may or may not need car insurance if you do not drive. 

For assistance determining if auto insurance is needed, regardless of if you drive or not, give our experts a call at The Owens Agency LLC. 

Do I Need Auto Insurance If I Do Not Drive? 

If you do not own a vehicle and do not drive, you do not have to purchase auto insurance coverage. 

Should I Have Auto Insurance If I Am Not Using My Car? 

If you own a car, even if you do not drive it, there is a good chance you will need to have auto insurance to cover it. If you do not want to maintain car insurance for the unused vehicle, you may consider selling it. Otherwise, you may have to continue to pay for insurance coverage for the car. 

If I Don’t Drive the Car, Can I Limit the Insurance Coverage? 

If you are not driving the car because you cannot but plan to save the vehicle for someone else, there may be some options. Call your insurance company today to discuss options and explain why the car is not used. There may be lower insurance options available while the vehicle is not being used. 

Those who do not drive in Waldron, AR do not need to have auto insurance. However, if there is a chance you may drive someone else’s vehicle, or you own a car you are not driving, you may still need auto insurance coverage. Call The Owens Agency LLC today for information and auto insurance options when you do not own a vehicle or do not drive the one you have. 

You’ve been thinking about your life and home insurance lately, but have you thought about your auto insurance. Yes, you have liability insurance, but is it enough to cover all auto-related risks?

No matter the circumstances, you need assurance that the insurer will compensate you when an accident happens. To get the best protection, you’ll need to understand auto insurance types and how auto insurance works. It’s only then that you can determine if you’re adequately protected. 

But where do you get the correct information about auto insurance in Waldron, AR? Luckily, you have a reliable partner in The Owens Agency LLC. Here’s our advice to you.

Auto Insurance Terms

Before choosing an auto insurance policy, you need to understand the various terms used. These are the terms to assist you in knowing whether you have the best protection. Some common terms include:

Deductible: This is the amount you pay to cover losses before the insurance coverage takes over. The higher the deductible, the lower the compensation you receive. 

Coverage limit: This is the maximum compensation you’re entitled from your policy. Any amount above your limit is your personal obligation.  

Types of Auto Insurance

To know whether you’re adequately covered, you need to choose your policy wisely. Liability auto insurance coverage is not the same as comprehensive coverage. Some typical auto insurance coverages include:

Liability coverage: This coverage might not protect you and your car, but it will save your finances. It covers bodily injuries or property damage caused by your vehicle to other people. 

Comprehensive Coverage: When you want to protect your car from theft and natural disasters, this is the coverage you need. However, it might not cover collision. You need separate protection known as collision coverage.

Is Your Coverage Sufficient?

When purchasing auto insurance, you need to make sure that you’re fully covered. Do not take shortcuts or assume everything is well. Consult a reliable insurance agent for credible information about the limits of your coverage. 

Do you want an auto insurance policy that won’t disappoint you when filing a claim? Contact The Owens Agency LLC agents in Waldron, AR for assistance.

When you are in the Waldron, AR area, it will be a good idea to own a car. Those that are here will appreciate the convenience that it provides. If you are going to get a car in this town, you also need to get insurance for it. There continue to be multiple reasons why most people in this area will need to get an auto insurance plan. 

Insurance is Needed to Protect Car

A reason that people all over this state need auto insurance is that it is needed if you want to protect your car. Most people in Arkansas are going to drive their car daily for their commute and to get around town. Due to the reliance, you have on your car, protecting it is very important. If you get full auto insurance, it will give the protection needed if your car is stolen or damaged.

Insurance Needed to Protect Driver

You will also need to get auto insurance to protect the driver of the car. When you drive any type of car in any situation, there can always be a chance that you could cause an accident. If this happens, you will want to know that you are protected against liability risk. When you get auto insurance, you will have liability coverage for damages up to the limit in the policy. 

Anyone that is looking for an auto insurance plan in the Waldron, AR area needs to make sure they get the guidance needed to choose a quality policy. The team with The Owens Agency LLC can be a great resource for you. As you reach out to the team at The Owens Agency LLC, you will soon find that they can answer your questions and help build you a quality policy. 

Your auto insurance is going to protect you from most hazards in Waldron, AR, but there are plenty of reasons why a claim might be denied. Here are some of the most common:

• You don’t have the coverage you think you have. If you buy the bare minimum, that only covers liability. You at least need comprehensive and collision to cover your car, and you may want to consider gap insurance to cover the rest of your car payments, and replacement insurance to buy a new car.
• You didn’t make your report on time. It varies from one insurer to the next, and even from policy to policy, but your insurer expects you to file your claim within a certain timeframe.
• You forgot to tell your insurer about your new car. You should tell your insurance agent right away when you buy a new car. It’s probably going to be worth more than the old one, so you don’t want to find out that your new car is insured at a pre-owned value.
• You didn’t get your facts straight. For instance, if you filed an uninsured motorist claim but the other driver does have insurance, you’ll probably see your claim being denied.
• Disputed liability. Simply put: It’s not quite clear who’s at fault just yet, and you won’t be able to file a claim until the matter is settled.

If you’re looking to get covered in Waldron, AR, or if you have any questions, get in touch with us at The Owens Agency LLC. You can call, get online or stop by the Owens Agency LLC offices and we’ll see what we can do to get you covered.

If you are a driver in the Waldron, AR area, then there is a chance that you will have questions about your auto insurance policy. State insurance laws change every year and it is a good idea to know those changes in order to keep from breaking the law. Here are some of the things that you will want to know in order to keep yourself compliant with Arkansas law. 

Points of Interest in Arkansas Auto Insurance Laws

No matter where you live in Arkansas the laws are the same. And millions of drivers have to know those laws in order to be able to drive. Here are some of those laws.

• As a driver you must carry liability insurance. If you are pulled over and cannot provide proof of insurance, then you could end up facing jail time. The state can impound your car and it can cost you thousands of dollars to get back.
• State law allows law enforcement to issue computerized tickets. This kind of ticket is like a printed version and still affects your car insurance. 
• Accidents are a part of life. The state requires all accidents to move to the side of the road. Failure to comply could end up costing you more for an insurance claim.

The laws for driving in Arkansas are there to protect every driver. They also are designed to minimize insurance losses. If you have questions about how state laws affect your auto insurance, then please call us at The Owens Agency LLC today. We can help answer all of your questions and give you a comprehensive analysis of your insurance needs. The way you understand the insurance laws will affect your driving habits. In the end, it can affect how much you pay for your auto insurance. 

Whether you’re looking for auto insurance for your first vehicle or your fifth, it always helps to know how to find the best policy and save money in the process. The team at The Owens Agency LLC has put together three simple tips to help you purchase a new auto insurance claim in Waldron, AR.

1. Work with a Reputable Agent

Finding the right auto insurance policy on your own could take you days or weeks. It requires research, quote comparison, and some knowledge about the insurance industry. To be certain you secure the best policy for your needs at the right price, work with a reputable agent who can answer all your questions and concerns and ultimately help you navigate the many insurance companies and quotes.

2. Compare Quotes

Once you’ve selected a reputable insurance agent, it’s time to start comparing several quotes. Go over each one looking precisely at what is offered and at what price. This isn’t a decision you have to make right away. You can take as long as you need to choose the right one, and remember — you’ll always have your agent available to help you.

3. Bundle Your Policies

Chances are you have other insurance policies. An easy way to save money on all your insurance premiums is to bundle them together under one insurance carrier who loves to reward customer loyalty. As always, your reputable insurance agent will help with this process.

To learn more about purchasing an auto insurance policy in Waldron, AR, contact the team at The Owens Agency LLC to get started. Our friendly agents are standing by waiting to take your call. 

If you’ve been involved in a car wreck, the first thing to do is file a report.  This will establish who is at fault for the accident.  What do you do though if you discover that the other person was at fault but doesn’t have auto insurance?  In some states, the rate of uninsured motorists is as high as one in seven (14%).  The agents at The Owens Agency LLC work with drivers in the Waldron, AR area to protect themselves from uninsured/underinsured motorists.

Some states have ‘no-fault’ auto insurance laws meaning that each person involved in accidents pays their own expenses.  In Arkansas, no-fault insurance is considered an add on to the required minimum liability insurance.   This is an option but you can also add uninsured/underinsured motorist coverage to your existing policy.  This will protect you if someone else causes an accident but doesn’t have the ability to cover your medical and repair costs.  After an accident where you are not at fault, you can try to file a claim with your insurance company though not all of them will pay.  Another option is to sue the driver who was at fault.  The reality, though, is that if they do not have insurance the chances are that they do not have many assets so the chances of recovering funds for repairs and medical expenses are low. 

Talk with your Waldron, AR area agent at The Owens Agency LLC.  They will explain the options you have for coverage against uninsured/underinsured motorists.  This will help you decide which option is the best for you and your family.  Visit the website to get started.  Then call or come by for a visit.  A short conversation will get you the protection you need for your family on the road. 

No matter where in the United States you may live and drive, purchasing car insurance coverage is mandatory. That said, for residents of Waldron, AR, the following is a list of 3 reasons to never go without auto insurance coverage.

Fines

One of the top reasons you should never go without auto insurance is because you may be hit with costly fines. In many areas, you could be subjected to fines and often times, you must pay a certain fee for every single day you either drove with no insurance or after your insurance has lapsed.

Impounding

On another note, if you are either not offered the option to pay a fine or if you cannot afford to pay the fines, your car may be impounded for the same number of days you drove without insurance. Obviously, this could be a highly detrimental issue for those who have no other form of transportation. Therefore, you will definitely not want to drive without insurance if you do not want to have your car impounded.

Ticket and/or Towed

Lastly, if you are caught on the road by a police officer you will get a ticket and/or have your car towed. Driving without insurance is illegal because if you happen to cause an accident, you will likely have no way to pay for the damages. Therefore, if a police officer becomes aware of the fact that you are on the road without proper coverage, you will suffer the consequences.

Overall, for residents of Waldron, AR, purchasing a premium auto insurance policy is a must. Contact The Owens Agency LLC  today to find out how you can begin your policy and hopefully save some money as well. If you do not have proper auto insurance coverage, The Owens Agency LLC is an excellent option for purchasing a policy.